(a) This subchapter applies to registrations of securities in beneficiary form made before or after effective date of this subchapter, by decedents dying on or after effective date.
(b) This subchapter must be liberally construed and applied to promote its underlying purposes and policy and to make uniform the laws with respect to the subject of this subchapter among the jurisdictions enacting it.
(c) Unless displaced by the particular provisions of this subchapter, the principles of law and equity supplement its provisions.